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belka [17]
3 years ago
7

Shoe-leather costs arise when higher inflation rates induce people to __________.

Business
1 answer:
S_A_V [24]3 years ago
3 0

Answer:

D - Hold less money

Explanation:

Inflation is the persistent increase in the general prices of goods and services over a period of time.

During inflation period, nobody wants to hold more of cash because the value of money gets depreciated as inflation increases  (prices of goods increase).

For example, shoe-leather costs increases when there is an increase in inflation and it makes more economic sense to purchase shoe-leather as it preserves the value of money.

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Organizations periodically have an external entity review the controls so as to uncover any potential problems in the controls.
vivado [14]

Answer: information system audit

Explanation:

The information system audit is the process through which organizations periodically have an external entity which helps in reviewing the controls in order to uncover any potential problems in the controls

In order to know how effectivene the information system controls is, the information systems audit is vital. It is required to verify the accounting records of an organization as well as the financial statements.

8 0
3 years ago
A ___________ to A/P represents cash paid to creditors.
lyudmila [28]
The normal side of account payable is on the credit side which means the supplies, services, or purchases a company bought is on credit terms. This is used as opposed to cash when you can't pay for the purchase yet. So, a debit to accounts payable means there is a payment made to a supplier or vendor. 
6 0
4 years ago
Read 2 more answers
Pound Industries’ customer service department follows up on customer complaints by telephone inquiry. During a recent period, th
goldfiish [28.3K]

Answer:

$85,260.

Explanation:

The Pound industries customer service department incurs $203,000 when 7,000 calls were made. The calls allocated to wholesale operations are 2,940 calls. To identify cost per call, we divide total cost by number of calls initiated.

Cost per call = $203,000 / 7000 calls

Cost per call = $29.

Wholesales operations cost = No. of calls for wholesale operation / Cost per call.

Wholesale operations cost = 2,940 calls * $29 / call

Wholesale operation cost allocated amount = $85,260.

6 0
3 years ago
In personal selling, the relationship must continue for a long time, as the salesperson responds to new requests for information
Ierofanga [76]

Answer:

Presentation

Explanation:

There are six steps in making a successful sale. The first step is prospecting and Qualifying and the last one is following up on the sale.

Personal selling is the sale in which the seller makes a face to face presentation to the customer. Sales jobs range from the salespeople at the clothing stores to the engineers with MBA's who design complex systems for the manufacturers. The importance of personal selling is that it provides a detailed explanation of the product and the sales message can be varied as per the interests of the prospective customer. The size of the personal sales force can be varied as per the needs. In the above question, the salesperson responds to new requests of the customer, which is an important part of personal selling.

4 0
3 years ago
Let's say Owen would like to take another loan to pay for new furniture, and the loan payment would be $325 per month. If he too
earnstyle [38]

Explanation:

325 I think buy I am not sure.

8 0
3 years ago
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